How to quickly step into the A7 threshold in the circle.
The crypto world is the best choice for ordinary people to cross classes and turn their lives around. However, the crypto world is not a casino; it is an ideal realm where you can achieve excessive returns based on your efforts. Whether full-time or part-time, regardless of background or skills, as long as you work hard, you will definitely see significant returns.
If you are a pure newcomer to the crypto world, you should thoroughly read this; it will be very helpful. Old circle friends know that earning the first 1 million (A7) in the crypto world is the slowest phase because this stage is not just about accumulating wealth but primarily about enhancing your understanding, refining your trading or arbitrage systems. When you earn your first million, it indicates that your understanding has initially taken shape, and you have a mature earning system; the second and third million will come quickly.
Newcomers should not invest too much money initially because you are unfamiliar with the terminology and risks in the crypto world, and there are many pitfalls that you cannot see. Most newcomers enter the crypto world with dreams of quick wealth, only to lose their principal and leave hastily. My advice to newcomers is: (learning + execution + some luck)
First, you need to establish your own information channels, including but not limited to X, Weibo, Binance Square, and so on. Especially on X, many big names share knowledge about the crypto world for free. Try to learn; having someone familiar to guide you is the best shortcut. If not, you can ask ChatGPT about some terms and technical issues; artificial intelligence can act as your entry-level teacher. Once you have a stable information channel and are bombarded with massive information, what you need to do is sift through it to find key insights. (Remember not to easily join some paid groups, as most of them are just scams.)
Secondly, the overall strategy can be a combination of arbitrage + low-risk trading. There are many tricks in arbitrage, such as using a fingerprint browser + a three-piece tutorial on X, but due to recent incidents involving ad-injected trojans being hacked, there is still some risk. You can use Google Chrome more often, and there are many online tutorials; you need to familiarize yourself with how new projects interact. For pure newcomers, you can first participate in many activities using the Binance web3 wallet; Binance has many interactive reward activities. Although the rewards are minimal, they generally won't backfire, making it a learning process. For arbitrage, there are many methods, such as staking borrowed coins or spot + contract hedging to participate in trading platform IPOs, monitoring information to buy related tokens at the first opportunity, major bad news, liquidation events, etc. Each offers significant opportunities for profit, and there are many tactics to discuss, requiring gradual experience accumulation.
Low-risk trading, which means buying top F4 (≤c-20/≤c-22/≤c-24/SOL), and then never depleting your bullets. Gradually buying the dip or dollar-cost averaging. If you get heavily positioned and can't sell, just use time to gain space. A bull market will always come back. If it drops too much, use the coins that are stuck to make a 1x margin buy gradually to lower your cost. For lottery positions, after your funds slowly accumulate, you can take a very small part of the position to invest in meme coins. This requires the preparation to lose everything, but overall the return is still very high, especially when FOMO sentiment is high in a bull market. There will be tenfold or hundredfold coins appearing. At this stage, you can appropriately add some high-quality communities to feel the meme sentiment.
Success in any endeavor is a process from quantitative change to qualitative change. In the crypto world, survival is the top priority. This path is destined to be lonely because companions are hard to find.
Wishing all newcomers in the circle who see this post achieve financial freedom soon. Don't forget to follow my homepage. A little advertisement: new transaction fee return of 20%, equivalent to an 80% discount. Invitation code: ZAHWRUNU
—(Defi_Ag)—
